Feasibility Study Data for the Omaha, NE-IA Metro Area

Omaha, NE-IA: what the SBA record contains for Omaha

1,811 SBA approvals landed here for Omaha projects from FY2017 through FY2026, carrying $932.3 million across every asset class. Omaha holds rank 58 of 928 against every other statistical area, Omaha among them. The median ticket in Omaha is $225,000, while the middle half span $75,000 to $569,500. Loan size here is 1.08x of the national median; ticket size is not what distinguishes this area.

Omaha, NE-IA: program mix and lender names serving Omaha

The program split in Omaha is 1,594 under 7(a) and 217 under 504, leaving 504 as the minority route. Franchise brands account for 14.6% of loans. In 7(a), the biggest holder is U.S. Bank, National Association: 162 loans, $13.1 million in all, followed by Union Bank and Trust Company (NE) with 133 loans and $57.2 million. 124 loans sit with First National Bank of Omaha, and Wells Fargo Bank National Association at 106. On 504, Nebraska Economic Development Corporation comes first: 188 loans, $176.7 million. Iowa Business Growth Company trails with 13. Read the lender lines as SBA records of holdings. U.S. Bank, National Association appears for the loans SBA assigns to it; that says nothing about how Union Bank and Trust Company (NE) underwrites.

Omaha, NE-IA: which classes and counties lead Omaha

The larger share of the Omaha record falls outside the class table: 1,325 loans filed under other codes. The rows below are a incomplete view. Among tracked classes, full-service restaurant tops with 85 loans, then child care center with 70 and fitness center with 50. Further down sit limited-service restaurant, 45 loans and beauty salon at 36. By county, Douglas County, NE accounts for 1,234 loans, followed by Sarpy County, NE with 350 and Pottawattamie County, IA with 92. Demand differs between these counties, and the area label hides that spread.

Omaha: cancellations, charge-offs and caveats in Omaha, NE-IA

Of FY2017 to FY2024 approvals in Omaha, no fewer than 11.7% were cancelled before the loan closed out; counting loans still undisbursed as cancelled raises the ceiling to 12.5%. 4.4% is the minimum for charge-offs to date in the FY2017 to FY2021 cohort, which holds 770 disbursed loans; within five years of credit approval the rate was 2.9%. Time is still passing on these loans, making these floors that can climb and cannot fall. Annual approvals peaked in FY2024 at 204 loans and $93.6 million; the thinnest Omaha year before FY2026 was FY2023, with 151 loans for $68.7 million. Membership in the Omaha, NE-IA metro area follows the project county: Douglas County, NE, Sarpy County, NE and the rest, county membership follows the 2023 delineation, and an unplaced Omaha county drops its loans from Omaha and every area.

Omaha projects and the study behind them in Omaha, NE-IA

Any Omaha feasibility study should be built for the project's own county, since area totals mix several markets. With full-service restaurant first in the Omaha class table, it has to examine how Omaha diners split by daypart and the lease term against payback, then the lunch and dinner balance. For child care center, the next class in Omaha, the questions are playground and safety build-out and staff wages against rates charged. Debt service coverage in Omaha needs a poor-year test; comparable transactions near the site must support the value.